Impact Healthcare REIT has completed the £6.95m acquisition of Argentum Lodge Care Home in Nailsea near Bristol.
Finance
Concerns have been raised over the future of thousands of care home residents following a row over Four Seasons’ decision to withdraw rent as part of renegotiations with landlords.
A leading thinktank has urged the government to tackle the growth of debt-fuelled private firms providing social care.
Impact Healthcare REIT has announced its £12.9m acquisition of two care homes near Ipswich.
US hedge fund H/2 Capital is closing in on a deal to buy 185 of Four Seasons’ 320 homes, according to a press report.
Leading care home operator Barchester Healthcare is facing a potential £12m fee refund bill as part of a competition watchdog investigation.
By targeting the mid-market, public-private space through its evergreen funds that offer permanent capital to the sector, Sameer Rizvi’s RD Capital Partners (RDCP) presents a viable alternative for sustainable care home investment and operation.
Allied Irish Bank has funded newly Worthing-based healthcare provider Country Living Care’s first care home purchase.
Luxury retirement village provider Audley Group has formed a joint venture (JV) with the real estate arm of Schroders and Octopus Real Estate.
Target Healthcare REIT has completed the acquisition of two care homes for £18.6m.
